Construction worker wearing blue hard hat bends over to hammer a new roof on a residence

Build or Renovate Your Dream Home

Whether you are building or renovating your dream home, our Construction Loan programs offer flexible financing options.
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Build the home of your dreams

Fixed rate or adjustable rate options with a single loan closing.

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Site built
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Renovations
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Modular
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Tear downs

Program details

  • Build a 1 unit, owner-occupied primary residence or second home on land you already own
  • Purchase land and build a 1 unit, owner-occupied primary residence or second home
  • Renovate or rehabilitate a 1 unit owner-occupied primary residence or second home
  • Eligible property locations: Connecticut, Maine, Massachusetts, Vermont, New Hampshire and in certain New York counties.
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Flexible financing to meet your renovation or new construction needs.

  • Fixed rate and adjustable rate options
  • One time closing means your loan automatically converts to a permanent loan once construction is completed
  • You pay interest only on the principal amount disbursed during the construction period (billed monthly)
  • When construction is complete, your monthly payment will convert from an interest only payment to a fully amortizing payment that will include principal and interest.

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